Lender's Single Interest

VSI is a single interest program that only protects the lender. Proof of insurance is required at loan origination. There is no tracking or insurance follow-up required. A fee is charged to each loan with covered collateral. Examples of the typical collateral types that are covered are:

Automobiles

Pickup trucks & vans

Campers

Motorcycles

Mobile Homes

Farm Equipment

Boats, motors and trailers

Coverages

All risk physical damage

Instrument non-filing

Confiscation and skip

Repossessed collateral

Coverage for your entire portfolio can be included under our Assumption of Risk endorsement. Fees are paid monthly and submitted on one reporting form.